At the end of April there were no significant events on the global or Russian steel market. The situation was determined by the previous trends, which consisted of weak demand for flat products, low level of business activity and relatively stable prices. Russian steel mills, in particular, announced an increase in quotations for May, but in June they will probably have to give up the continuation of growth. Visible consumption of all categories of flat products is noticeably lagging behind ...
The analytical service of “Metal Supply & Sales” Magazine continues publishing the "MSS-TM index" (Market Temperature). The value of this index is determined through expert surveys on a weekly basis. At the end of April, according to experts' reports, rebar became a highly demanded type of steel products. Most of them pointed to increased sales before the holiday break and decent consumer demand. The situation in the medium-sized profile pipe sector was also generally favorable, while hot-rolled ...
Before the pause in the first half of May, the Russian market of rolled products for construction purposes was in a “frozen” state. The demand for rebar in some regions was characterized as weak, and the level of spot prices in the end of the month was slightly lower there. In other places more active consumption allowed metal traders to stabilize quotations. However, even that weak growth, which was observed throughout most of April, came to naught. The Central Bank's decision to keep the key ...
The weather this spring is simply “wonderful”! Then early warmth, then cold, then summer heat! Now we expect cold weather again. Nevertheless, seasonal growth in the construction industry has occurred. Although in absolute values it looks more modest than in the previous two years, the intensification of consumer demand allows metal trading companies to raise prices, trying to bring them to the level of primary market quotations or slightly higher. Metallurgical companies, for their part, maintain ...
The analytical service of “Metal Supply & Sales” Magazine continues publishing the MSS-TM index (Market Temperature). The value of this index is determined through expert surveys on a weekly basis. In the middle of April the situation on the Russian market of steel products was relatively stable. The previous processes continued on it, no significant rate changes were observed. Estimates of sales and demand in the last week were contradictory, but the extremes compensated each other's influence. ...
Russian metallurgical plants raised factory prices for hot-rolled sheet and coil in April, with plans to increase prices across the entire sheet products sector by 2,000–4,000 rubles per ton in May. Their key strength lies in limited supply volumes. In the second quarter, scheduled maintenance is planned at all major enterprises, including Kazakhstan’s Qarmet. Additionally, domestic producers are banking on export shipments. In turn, metal trading companies and pipe mills are also forced to ...
An unexpected return of winter in European Russia slightly chilled the rebar market, but overall conditions remain acceptable. Demand is weak yet relatively stable, without significant drops. Amid the economic downturn, the construction sector is holding up better than many other industries. However, the lack of substantial oversupply is also crucial. This allows metal trading companies to gradually raise prices, though average quotations in Moscow still lag slightly behind the primary market. ...
An unexpected return of winter in European Russia slightly chilled the rebar market, but overall conditions remain acceptable. Demand is weak yet relatively stable, without significant drops. Amid the economic downturn, the construction sector is holding up better than many other industries. However, the lack of substantial oversupply is also crucial. This allows metal trading companies to gradually raise prices, though average quotations in Moscow still lag slightly behind the primary market. ...
The analytical service of “Metal Supply & Sales” Magazine continues publishing the MSS-TM Index (Market Temperature Index). The index value is determined through weekly expert surveys. The sharp cold snap and snowfalls in the first week of April had a noticeable impact on the Russian steel market. Several experts noted a decline in sales and a narrowing of consumer demand compared to late March. Despite this downturn, rebar remained in positive territory. The deterioration in market conditions, ...